NASDAQ:ADTN - ADTRAN Stock Price, Forecast & News

ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."

ADTRAN announced a quarterly dividend on Wednesday, October 30th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.09 per share on Monday, December 2nd. This represents a $0.36 annualized dividend and a yield of 3.50%. The ex-dividend date of this dividend is Wednesday, November 13th. View ADTRAN's Dividend History.

ADTRAN, Inc. (NASDAQ:ADTN) released its quarterly earnings results on Wednesday, October, 30th. The communications equipment provider reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.02. The communications equipment provider earned $114.09 million during the quarter, compared to analysts' expectations of $114 million. ADTRAN had a negative return on equity of 0.57% and a negative net margin of 8.79%. View ADTRAN's Earnings History.

ADTRAN is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for ADTRAN.

4 Wall Street analysts have issued twelve-month target prices for ADTRAN's shares. Their forecasts range from $10.00 to $17.00. On average, they anticipate ADTRAN's share price to reach $12.67 in the next year. This suggests a possible upside of 23.0% from the stock's current price. View Analyst Price Targets for ADTRAN.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ADTRAN in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ADTRAN.

Media headlines about ADTN stock have trended positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. ADTRAN earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave news stories about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for ADTRAN.

ADTRAN saw a increase in short interest in December. As of December 13th, there was short interest totalling 806,100 shares, an increase of 8.7% from the November 28th total of 741,900 shares. Based on an average daily volume of 288,700 shares, the short-interest ratio is currently 2.8 days. Approximately 1.7% of the shares of the company are short sold. View ADTRAN's Current Options Chain.

Some companies that are related to ADTRAN include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), ViaSat (VSAT), Echostar (SATS), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Plantronics (PLT), Extreme Networks (EXTR) and Comtech Telecomm. (CMTL).

Based on aggregate information from My MarketBeat watchlists, some companies that other ADTRAN investors own include Intelsat (I), Fossil Group (FOSL), AMC Entertainment (AMC), Ciena (CIEN), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), Cypress Semiconductor (CY), First Data (FDC) and Abercrombie & Fitch (ANF).

ADTRAN's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Horrell Capital Management Inc. (0.61%), Assenagon Asset Management S.A. (0.51%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own ADTRAN stock include Balan Nair, James Denson Wilson Jr, Marc Kimpe and Roger D Shannon. View Institutional Ownership Trends for ADTRAN.

ADTN stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View Insider Buying and Selling for ADTRAN.

ADTN stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A. and Horrell Capital Management Inc.. Company insiders that have bought ADTRAN stock in the last two years include Balan Nair and Marc Kimpe. View Insider Buying and Selling for ADTRAN.

Shares of ADTN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ADTN stock can currently be purchased for approximately $10.30.

ADTRAN has a market capitalization of $492.65 million and generates $529.28 million in revenue each year. The communications equipment provider earns $-19,340,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis. ADTRAN employs 1,900 workers across the globe.View Additional Information About ADTRAN.

The official website for ADTRAN is http://www.adtran.com/.

ADTRAN's mailing address is 901 Explorer Boulevard, HUNTSVILLE AL, 35806. The communications equipment provider can be reached via phone at 256-963-8000 or via email at [email protected]